But Stockton attorneys said high six-figure losses have incurred at those facilities -- and they point out that deed restrictions are in place at Van Buskirk for public recreation or public park services only.

On Wednesday, the judge asked the nation’s largest pension fund, CalPERS, what would happen if Stockton terminated its relationship.

CalPERS said retirees could suffer benefit reductions and employees may quit.

City leaders said they fear they would lose firefighters, police and safety for those living in Stockton.